As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, ... Read More
Do you remember what happened when Cyprus decided to defy the EU? In the end, the entire banking system of the nation collapsed and money was confiscated from private ... Read More
The Greek government’s coffers are running dry, but finance minister Yanis Varoufakis has good news — he thinks a bailout deal with the country’s international creditors is imminent. In ... Read More
Greece wants to reach a loan deal with its EU-IMF creditors by the end of May to resolve an acute cash shortage, the government said on Monday. “A deal ... Read More
Greece is under pressure to adopt a single rate of value-added tax, in ongoing talks with the troika of international lenders. The International Monetary Fund has proposed that Greece ... Read More
Greece‘s government on Wednesday ruled out rushing to a referendum to secure public support for unpopular reforms, opting instead to make a final push for a compromise with lenders ... Read More
The European Central Bank raised the emergency liquidity assistance (ELA) ceiling for Greek banks by 1.1 billion euros on Tuesday, in the wake of Monday’s Eurogroup meeting that recorded ... Read More
With news that talks between Greece and its lenders are making slow but sure progress and Greece made a multi-million euro loan repayment to one of its lenders a ... Read More
There were no positive or negative surprises at Monday’s Eurogroup for Greece as eurozone finance ministers confirmed in writing that there had been progress in talks between Athens and ... Read More
Euro on defensive as nerves take hold before Eurogroup meeting Dollar/yen steady after jobs data fails to provide spark Kiwi slides to near two-month low on RBNZ rate cut ... Read More
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